Atletico Madrid agree to January transfer ban amid ongoing CAS appeal

ZURICH -- Atletico Madrid have accepted they will not sign players in January while they fight a FIFA transfer ban at sport's highest court.

FIFA and Atletico jointly said in a statement they agreed a timetable for the Court of Arbitration for Sport to give a final ruling on the Spanish club's appeal by next June.

Atletico could have sought to freeze their one-year ban pending the verdict, but have "waived their right" to try, the statement said.

Still, Atletico "completely maintain their position that the transfer ban is unjustified."

FIFA imposed one-year sanctions on Atletico and city rivals Real Madrid for signing underage players in violation of transfer rules.

During an appeal to FIFA in the offseason, Atletico signed several players including France forward Kevin Gameiro and Argentina midfielder Nicolas Gaitan.